Government proposals to introduce a Saving Gateway for low-earner families could take money away fro...
Government proposals to introduce a Saving Gateway for low-earner families could take money away from Isas and stakeholder pensions because of the proposed incentives attached to these new products, says a new report. Published by the Institute for Fiscal Studies - called The Saving Gateway and the Child Trust Fund: Is Asset-Based Welfare 'Well Fair' - the report responds to proposals released by Gordon Brown in April for a Saving Gateway and Child Trust, however, the report suggests the government low-earner target market will not be reached under existing proposals. Sketchy details ...
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